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What Is a Master of Business Administration (MBA)?
A master of business administration (MBA) is a graduate degree that provides theoretical and practical training for business or investment management. An MBA is designed to help graduates gain a better understanding of general business management functions.
An MBA degree can have a general focus or a specific focus in fields such as accounting, finance, or marketing, and relationship management.
KEY TAKEAWAYS
- An MBA is a graduate business degree focused on management, business, and entrepreneurship.
- MBA students can also focus on other aspects of business, like finance or risk management.
- Many schools now offer specialty programs, like sports management, the entertainment business, or healthcare management.
- Executive MBA programs are available for experienced professionals who cannot commit to a full-time schedule.
- MBA programs may be full-time, part-time, online, or international, and each program usually has a varying degree of requirements for acceptance.